Blockchain Group Returns to Profitability with New Strategy
Company Announcements

Blockchain Group Returns to Profitability with New Strategy

Blockchain Group SA (FR:ALTBG) has released an update.

The Blockchain Group has reported a return to profitability in the first half of 2024, driven by its new strategic direction and cost-saving measures. Despite a decrease in revenue due to business disposals, the company achieved a positive net result and adjusted EBITDA compared to the previous year. The CEO credits this turnaround to the dedication of employees and supportive partners, positioning the company for future growth.

For further insights into FR:ALTBG stock, check out TipRanks’ Stock Analysis page.

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